The Day Ahead: AM Edition 2021-08-19
Quite the bounce in equities in the morning, not sure it lasts into the end of the day
Bonds
As mentioned in the post last night, it looked like bonds need to retest overhead support and that is what took place. Bears are not down and out but do need to act soon or cede a new high. Bears do have both the dominant cycle and an exhaustion signal on the 9-5 working for them. Bears begin to get traction under 165^10 and 164^24.
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